NEWARK, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE GRAY CHARTER SCHOOL, founded in 1999, is a community nonprofit in the Education sector that reported $7.6M in total revenue in fiscal year 2024.
THE CHARTER SCHOOLS MISSION IS TO PROVIDE ITS DIVERSE STUDENT BODY THE BEST POSSIBLE EDUCATION BY FOCUSING ON THE FUNDAMENTAL ACADEMIC DISCIPLINES IN AN ATMOSPHERE THAT AFFIRMS ACADEMIC.
THE CHARTER SCHOOL PROVIDES A FULL RANGE OF EDUCATIONAL SERVICES APPROPRIATE TO GRADE LEVELS K TO 8. THE SERVICES (THAT INCLUDE SPECIAL EDUCATION STUDENTS) ARE PROVIDED WITH THE GOAL OF ACHIEVING...
THE CHARTER SCHOOL PROVIDES A FULL RANGE OF EDUCATIONAL SERVICES APPROPRIATE TO GRADE LEVELS K TO 8. THE SERVICES (THAT INCLUDE SPECIAL EDUCATION STUDENTS) ARE PROVIDED WITH THE GOAL OF ACHIEVING HIGH LEVEL OF EXCELLENCE, IMPROVE STUDENT ACHIEVEMENTS AND BROADEN THE BASE OF THE COMMUNITY. DURING THE YEAR ENDED JUNE 30, 2025, THE CHARTER SCHOOL HAD AVERAGE ENROLLMENT OF APPROXIMATELY 316 STUDENTS IN GRADES K TO 8.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $7,640,296 | $7,787,906 | 0.0% |
| Expenses | $7,914,569 | $7,751,132 | +0.0% |
| Net Income | $-274,273 | $36,774 | -8.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| PAULO DASILVEIRA | BOARD PRESIDENT | 1.00 |
Director
|
$0 | $0 | $0 |
| RASHIDAH SABUR | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JACQUELYN LAKE | BOARD MEMEBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHARLES HALL JR | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| VERNA GRAY | FOUNDER/EXECUTIVE DIRECTOR | 35.00 |
Officer
Key Emp
Highest
|
$249,727 | $12,370 | $262,097 |
| CHRISTOPHER PRINGLE | ASSISTANT DIRECTOR/BOARD SECRETARY | 35.00 |
Key Emp
Highest
|
$260,188 | $12,370 | $272,558 |
| IAN FALLSTICH | SCHOOL BUSINESS ADMINISTRATOR | 10.00 |
Officer
Key Emp
|
$48,720 | $0 | $48,720 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $7,640,296 | $7,914,569 | $3,250,388 | $-274,273 |
| 2024 | $7,787,906 | $7,751,132 | $3,549,190 | $36,774 |
| 2023 | $8,202,315 | $7,707,608 | $3,321,290 | $494,707 |
| 2022 | $7,500,612 | $6,890,160 | $2,755,799 | $610,452 |
| 2021 | $6,735,867 | $6,451,741 | $2,050,524 | $284,126 |
Compare THE GRAY CHARTER SCHOOL with other nonprofits in New Jersey and across the country.